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DCRED
(redirected from Domestic Credit)

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AcronymDefinition
DCREDDomestic Credit


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When the onset of global recession deprived the Gulf of access to international funding and the supply of domestic credit was squeezed, the policy response was sufficient to stave off systemic crisis but inadequate to reverse the slowdown in the manner seen in much of Asia, he noted.
Jaber believes that the positive outlook is partly attributable to the Saudi Arabian Government's response to the global financial crisis, "The Saudi authorities have been proactive in their monetary response to the global economic downturn and have implemented a number of measures designed to ease the liquidity constraints on the banking system and support the flow of domestic credit.
As domestic credit and liquidity markets appear to be normalizing and the number of entities utilizing the debt guarantee program has decreased, now is an important time to make clear our intent to end the program.
 
 
 
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